Fisker Stock Symbol Overview and Investment Advice

Fisker's stock symbol is FSR, which is listed on the New York Stock Exchange (NYSE).

The company's market capitalization is around $20 billion, giving it a significant presence in the automotive industry.

Fisker's innovative approach to electric vehicles has garnered attention from investors and car enthusiasts alike.

Investors should note that FSR is a relatively new stock, having gone public in July 2021, so its long-term performance is still being written.

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Fisker stock has had a rough year, with a -99.99% return over the past 12 months.

The company's stock has been struggling to stay afloat, with numerous setbacks and delays in 2023.

In comparison, the S&P has seen a +22.93% return over the same period.

Looking at the 5-year performance, Fisker's stock has plummeted to -99.99%, while the S&P has risen by +83.67%.

Here's a comparison of Fisker's stock performance against the S&P over various time periods:

When looking at the performance of Fisker Inc. compared to the S&P, it's clear that the company has struggled. The 1-year return on Fisker shares is -99.99%, a stark contrast to the S&P's 22.93% return.

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The 5-year return on Fisker shares is also dismal, at -99.99%, while the S&P has seen an 83.67% return over the same period.

Fisker's 5-year annualized return is -85.24%, indicating a steady decline in value. In comparison, the S&P has seen a 12.93% annualized return.

The S&P has outperformed Fisker by a wide margin since the company's IPO, with a 106% return compared to Fisker's -100% return.

Here's a summary of the returns:

Fisker's stock price has seen a significant collapse in 2023 due to setbacks and delays.

The company's ability to continue operating is in doubt after numerous challenges this year.

Fisker issued a "going concern" warning, which is a clear indication of the company's financial struggles.

This warning was issued recently, leading to a plunge in the stock price.

The lack of stability and uncertainty surrounding Fisker's operations has led to a significant decline in investor confidence.

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Fisker Inc. is a leading electric vehicle manufacturer, with a market capitalization of over $10 billion.

The company's stock symbol is FSR, listed on the New York Stock Exchange (NYSE).

Investors should exercise caution when considering buying Fisker stock on a dip, as the company has raised questions about its ability to continue as a going concern. This uncertainty can lead to significant financial risks.

Fisker's financial health is a major concern, and investors should carefully weigh the potential benefits against the potential downsides. Fisker raised questions about its ability to continue as a going concern.

Investors who are considering buying Fisker stock on a dip should be prepared for the possibility of further declines in the stock price. Fisker's financial health is a major concern, and investors should carefully weigh the potential benefits against the potential downsides.

It's essential to do your research and stay informed about the company's financial situation before making any investment decisions.

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Goldman Sachs has recently trimmed its price target on Fisker Inc. to $0.75 from $1, maintaining a Sell rating.

Fisker's price target has been adjusted downward by several analysts, with TD Cowen downgrading it to Market Perform from Outperform and cutting the target to $1 from $11.

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Citigroup has adjusted its price target on Fisker to $4 from $10, while keeping a Buy rating.

Evercore ISI downgraded Fisker to In Line from Outperform, cutting the price target to $2 from $6.

In the past few months, Goldman Sachs has trimmed its price target on Fisker twice, first to $1 from $2 and then to $0.75 from $1.

Here's a summary of the recent analysts' recommendations for Fisker Inc.:

Fisker stock is trading well below $1 per share, a price that's likely to be of concern to investors.

The company is forecasting a significant delivery milestone, with roughly 20,000 electric vehicles expected to be delivered in 2024.

Investors are clearly looking for information about Fisker's future prospects, and the company's stock price is a reflection of their uncertainty.

Fisker's forecast of 20,000 deliveries in 2024 suggests that the company is on track to meet its goals, but investors are still waiting to see if the company can deliver on its promises.

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Fisker's Market Capitalization is a staggering $31,445 billion, with 350,556 shares outstanding. This is a significant number, but what does it mean for investors?

The company's Annual Sales are a respectable $272,890 billion, but the Annual Income is a whopping -$761,990 billion, indicating a substantial loss. This is a red flag for investors, as it suggests the company is struggling to turn a profit.

The EBIT (Earnings Before Interest and Taxes) is -$314 million, and the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is -$517 million, further highlighting the company's financial struggles.

Here's a summary of Fisker's key financial metrics:

Fisker's 60-Month Beta is 0.71, indicating a relatively low volatility compared to the market. However, the Price/Sales ratio is a mere 0.16, suggesting the company's stock is undervalued.